BlackBerry said on Monday that two top executives were departing and a third was replaced in a widely expected shake-up following this month's naming of a new chief executive, and that more changes were coming.
The troubled smartphone maker, based in Waterloo, Ontario, said Kristian Tear, its chief operating officer, and Frank Boulben, its chief marketing officer, will leave. James Yersh will replace Brian Bidulka as chief financial officer.
BlackBerry also said Roger Martin, a board member since 2007, has resigned.
(Read more: Wal-Mart Stores names new CEO, effective Feb. 1)
Early in November, BlackBerry said it had shelved plans to sell itself and instead opted to raise $1 billion via a convertible notes offering led by Fairfax Financial Holdings, its largest shareholder.